Netherlands: Tamping Machinery Market 2024

Tamping Machinery Market Size in the Netherlands

The Dutch tamping machinery market skyrocketed to $X in 2021, rising by 19% against the previous year. Over the period under review, consumption showed a resilient expansion. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Tamping Machinery Production in the Netherlands

In value terms, tamping machinery production fell rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a deep contraction. The growth pace was the most rapid in 2020 with an increase of 85% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Tamping Machinery Exports

Exports from the Netherlands

In 2021, overseas shipments of tamping or compacting machinery decreased by -24.2% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, recorded notable growth. The pace of growth appeared the most rapid in 2020 with an increase of 73% against the previous year. As a result, the exports attained the peak of X units, and then reduced remarkably in the following year.

In value terms, tamping machinery exports declined to $X in 2021. Overall, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 77%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Poland (X units), the United Arab Emirates (X units) and the UK (X units) were the main destinations of tamping machinery exports from the Netherlands, with a combined 40% share of total exports. The Philippines, Belgium, Germany, Romania, Portugal, the Czech Republic, Sweden, Slovenia, Egypt and Norway lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +173.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for tamping or compacting machinery exports from the Netherlands, comprising 34% of total exports. The second position in the ranking was held by Poland ($X), with a 12% share of total exports. It was followed by the Philippines, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates stood at +74.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+24.1% per year) and the Philippines (+88.6% per year).

Export Prices by Country

In 2021, the average tamping machinery export price amounted to $X per unit, growing by 22% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tamping machinery export price increased by +73.9% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 72% against the previous year. As a result, the export price attained the peak level of $X per unit; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+49.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tamping Machinery Imports

Imports into the Netherlands

In 2021, imports of tamping or compacting machinery into the Netherlands surged to X units, rising by 24% against the previous year. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by 69% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, tamping machinery imports expanded significantly to $X in 2021. Over the period under review, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Germany (X units) constituted the largest tamping machinery supplier to the Netherlands, accounting for a 43% share of total imports. Moreover, tamping machinery imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X units), twofold. China (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+19.0% per year) and China (-5.6% per year).

In value terms, Germany ($X) constituted the largest supplier of tamping or compacting machinery to the Netherlands, comprising 55% of total imports. The second position in the ranking was taken by the UK ($X), with a 13% share of total imports. It was followed by France, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+20.6% per year) and France (+75.9% per year).

Import Prices by Country

The average tamping machinery import price stood at $X per unit in 2021, with a decrease of -10.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 46% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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